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Lead Analyst– Bank of America, Chennai (8 – 10 years of experience)

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Having good experience in Financial accounting and reporting? Can you deliver financial planning, budgeting, forecasting and variance analysis like an ace? If the answer is yes, have a look at this opening.

Designation – Lead Analyst

Location – Chennai

About employer – Bank of America

Bank of America is one of the world’s largest financial institutions, serving individual consumers, small- and middle-market businesses and large corporations with a full range of banking, investing, asset management and other financial and risk management products and services. BA Continuum is a nonbank subsidiary of Bank of America, part of our Global Delivery center of Expertise in the bank. Our employees help our customers and clients at every stage of their financial lives, helping them connect to what matters most. This purpose defines and unites us. Every day, we are focused on delivering value, convenience, expertise and innovation for the individuals, businesses and institutional investors we serve worldwide. We’re committed to attracting and retaining top talent across the globe to ensure our continued success. Along with taking care of our customers, we want to be the best place for people to work and aim at creating a work environment where all employees have the opportunity to achieve their goals. BA Continuum India Pvt. Ltd. supports business process, information technology and knowledge process across Consumer Banking, including Card and Home Loans, Legacy Asset Servicing, Global Banking and Markets, and Global Wealth and Investment Management lines of business at Bank of America. Global Markets Technology & Operations provides end-to-end technology solutions for Global Markets businesses including Equities, Prime Brokerage, Interest Rates, Currencies, Commodities, Derivatives and Structured Products. Across all these products, solutions include architecture, design, development, change management, implementation and support using various enterprise technologies. In addition, GMT&O provides Sales, Electronic Trading, Trade Work Flow, Pricing, Market Risk, Middle office, Collateral Management, Credit Risk, Post-trade confirmation, Settlement, Client service processes for Trading, Capital Markets, and Wealth Management businesses.

Job Description:

  • The role is envisioned to be global as this will support large scale Financial planning, forecasting, budgeting and vendor governance for GMRT&O
  • Candidate would be working on billing, head count management, expenses monitoring and controls, open positions management and Vendor Governance management reporting for senior leadership and line of business
  • Also, responsible for analyzing monthly P&L, forecasts, allocations and providing high quality analytics and recommendations to senior management for timely executive decisions
  • Candidate is expected to come with extensive knowledge on FP& A, Senior Management Reporting, and Vendor governance, Supply Chain Management and Corporate / Process Audits

Responsibilities:

  • Ability to handle financial planning, budgeting, forecasting and variance analysis
  • Ability to analyze monthly P&L, forecasts, allocations and provide high quality analytics and recommendations to senior management for timely executive decisions
  • Analyze and report actual and variance of contractual spend – incurred on the invoices and contracts within the org
  • Ability to identify process gaps and establish suitable controls to mitigate various types of risks in the system
  • Knowledge on Corporate Audit/SOX/Risk
  • Vendor management, governance, supply chain and payments management
  • Exposure in handling various Business Management functions including headcount tracking analysis, billing and reporting functions
  • Advanced knowledge on Excel, Power Point and SharePoint is a must
  • Working knowledge of tools such as ARIBA, SAP/Eledger, Business Objects / Cognos, Data warehousing and reporting tools

Qualification and Skills Required:

Required:

  • M.Com, CA /MBA (Finance)
  • 8 to 10 years of experience in below skills:
    • Financial accounting and reporting
    • Supply chain management
    • Vendor governance
    • Technology systems audit
    • Executive decisions support systems and analytics
  • Excellent communication skills and analytical abilities
  • Advanced Excel, SharePoint, PowerPoint and Business Intelligence

Desired:

  • CISA Certified

Interested candidates can apply at this PAGE.

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